Stock market returns 1.26 WtD amidst renewed buy interest

The Nigerian stock market last week closed on a positive note, occasioned by renewed buy interests in equities by smart investors.

The All Share Index and the Market Capitalisation grew week on week by 1.26% to close at 48,154.65 points and N26.229 trillion respectively.

An aggregate of 839.98 million units of shares were traded in 16,183 deals, valued at N12.42 billion.

The Market Breadth closed positive as 37 equities emerged as gainers while 25 equities declined in their share prices.

TOP 10 GAINERS

Thomas Wyatt led other gainers in the course of last week with 22.22% to close at N0.44 from the previous close of N0.36.

PZ, NPF Microfinance Bank, Wema Bank and UACN grew their share prices by 14.74%, 14%, 11.73% and 10.53% respectively.

Others among top 10 gainers include: Ardova (9.71%), NEM (9.22%), UPDC Real Estate Investment Trust (9.09%), Chams Plc (9.09%) and Courteville (8.70%) respectively.

TOP 10 LOSERS

Beta Glass led other price decliners as it shed 9.90% of its share price to close at N39.6 from the previous close of N43.95.

SCOA, Redstar Express, Nigerian Breweries and Honeywell shed their share prices by 9.40%, 9.25%, 8.07% and 7.46% respectively.

Others among top 10 price decliners include: Japaul Gold (-6.90%), RT Briscoe (-6.90%), Cornerstone (-5.88), Geregu Plc (-5.68%) and Caverton (-5.68%) respectively.

Source: Stock market returns 1.26 WtD amidst renewed buy interest – StocksWatch (stocksng.com)

Related Posts

25

May
Business & Economy

Stock Market Review: May 25, 2023

The stock market on Wednesday closed on a positive note with 0.58% growth. The All Share Index and Market Capitalisation stands at 52,927.60 points and 28.819 trillion respectively. In a stock market review with Gilbert Ayoola, a capital market expert, the following were discussed: Excerpts: The monetary policy committee of CBN has increased MPR to 18.5%. How will this […]

25

May
Business & Economy

Oando kicks-off Sustainable Transport Initiative in Lagos State with launch of Electric-Mass Transit buses

Oando Clean Energy Limited (OCEL) has achieved a groundbreaking milestone with the launch of the first phase of its Sustainable Transport Initiative for Lagos State. The initiative will see OCEL introducing electric buses to LAMATA’s current fleet of buses. The endeavor aims to support the transformation of the State’s public transport system through the development and deployment[…]